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European Union finance ministers met two weeks ago to discuss the European Commission’s latest country-specific policy recommendations. These are an important milestone in the EU’s economic semester, with their aim to co-ordinate pro-growth reforms across member states. Yet they appear to be falling on deaf ears.
Research by Sven Giegold, a German Green MEP, shows that barely 9% of the 2013 recommendations have been implemented or seen “substantial progress” by member state governments, down from 12% the previous year. Member states have “failed to deliver on the European Semester” and are “jeopardising” the eurozone, he told European Voice, calling on the Commission to be more transparent in how it evaluates implementation.
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